Right Of The Dot™ gTLD Mediation, Auction, brokerage, auction, consulting and Contention Services
The stakes have never been higher in the domain marketplace than now. With over a thousand new extensions entering the market and another round on new TLDs coming in the next 5 years; started going live in 2013, certainty is paramount.
Right Of The Dot has launched a private auction, contention resolution and mediation service to accelerate the process of settling claims between applicants for the same new gTLD string, in turn reducing the time it takes for new gTLDs to go live and reducing ICANN Auction fees.
ROTD has secured an exclusive partnership for the escrowing of funds for the deposits and distributions of funds for TLD auctions.
Why RightOfTheDot are the right contention and auction choice
Neutral and Independent
Our partners have spoken with nearly all of the applicants in contention and as an experienced auction consultancy we are best placed to understand the importance and value of the new gTLDs. We are not an applicant ourselves and are in no way aligned or biased toward any applicant or organization.
Wherever possible, our first goal is to mediate an agreement or partnership between parties in an effort to avoid going to auction to save applicants precious time and money. By expediting resolution, applicants applying for multiple extensions in particular are able to focus attention more quickly on those resolved extensions they have won.
Our auction fees are very competitive and start at 4% depending on the auction type, number of applicants for a particular extension, and the amount of the winning bid. This pricing model leaves no room for ambiguity or confusion.
Experienced Domain Auctioneers
As a licensed Business Auction Company with more than 20 years of domain auction experience, our personal and professional approach to how we conduct domain auctions is what sets us clearly apart from the crowd. We treat every auction with the integrity and gravity it deserves, which becomes more apparent and necessary when dealing with these substantial sums associated with TLD auctions.
Flexible Auction options
One size does not fit all, which is why we offer 3 auction methods and formats for these new gTLD auctions. Full details about exactly how these auctions work and are conducted will be emailed upon request, or explained verbally. In addition, we can arrange custom auctions if required.
Peace of mind
RightOfTheDot has been issued with a unique license to specifically handle these new TLD auctions in the USA. In addition, we have also secured exclusive Escrow rights with several partners.
About the Auctions
Right Of The Dot will provide 3 main types of gTLD auction to suit all sizes of contention sets (although custom auctions can be arranged if requested):
Second-price sealed-bid auctions: Bidders submit simultaneous sealed bids to the auction house, the highest bidder wins the rights to the TLD and pays the second-highest bid. That bid is then divided either equally by the number of non-winning participants, or in proportion to the amount of each non-winning bidder’s sealed bid.
Ascending-bid auctions: These auctions are carried out interactively in real time, with bidders present either physically (live auction) or electronically (online auction). The seller gradually raises the price, bidders drop out until the final bidder remains, and the final party wins the TLD at this final price.
Live Oral auctions: Bidders shout out prices or submit them electronically. This form of auction will be appropriate when each of the applicants in a contention set agree on a specific time.
Exclusive ESCROW partnerships
RightOfTheDot™ has also secured an exclusive partnership with several escrow companies for the escrowing of funds for TLD auctions, deposits and funds distribution. These partners are the industry’s leading escrow companies and offer total transparency as well as unquestionable security. As a result, RightOfTheDot is able to offer applicants unique options such as interest bearing accounts, so that money held in escrow can earn interest over the possible 6-18 months or more waiting time, depending on the timing of the TLD´s approval and subsequent delegation.
RightOfTheDot has recently been granted a special ROTD Auction Business License for Contention Resolution Services as well as for domain asset auctions, by the State of Florida Department of Business and Professional Regulation for the exact purpose of: New TLD Contention Resolution and Consulting Services including Private Auction Services for competing applicants, Internet Domain Name Auctions, Sales, Brokerage, and Management Services.
Any questions? Feel free to contact us.